James Foundation

Analysis

James Foundation is a registered charity in United States, based in Saint James, MO. It received its IRS tax-exemption ruling in June 1943, 83 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, James Foundation reported income of $1.7m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Brain Injury Association of New York State Inc ($1.7m), Foundation for Children and Families of Iowa ($1.7m) and Mid-Atlantic Association of Community Health Centers Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $224k (16% of expenses). Other salaries and wages came to $487k. At year end it held assets of $6.1m against liabilities of $574k, net assets of $5.5m. It reported 37 employees.